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Kroger Ready to Bag More Upside

Hilliard Lyons raised the two-year target price to $41 from $37.

June 24, 2013

Kroger (KR: NYSE) By Hilliard Lyons ($32.98, June 21, 2013)

We are raising our two-year price target price on Kroger by $4 per share to $41. This assumes a future valuation slightly above the current level and represents potential annual total return, including dividends, of about 13%.